Economic Reports 11/13/07
Summary: Happy "Daze" are here again! Media headline, a seasonally adjusted increase vs predicted decrease. Reality, DOH!!! a 17.7% decrease.
Pending Home Sales Sep +0.2% vs prior -6.5% Full Report
Inside the number: Not seasonally adjusted -17.7%; NE -26.9%; MW -14.1%; S -16.3%; West -17.3%. YOY -22.7%; NE -28.4%; MW -17.7%; S -21.6%; West -25.7%.
YOY with seasonal adjustments -20.4%; NE -23.1%; MW -14.4%; S -19.7%; West -25.6%. It ain't over till its over, and this debacle is nowhere near being over.
Pending Home Sales Sep +0.2% vs prior -6.5% Full Report
Inside the number: Not seasonally adjusted -17.7%; NE -26.9%; MW -14.1%; S -16.3%; West -17.3%. YOY -22.7%; NE -28.4%; MW -17.7%; S -21.6%; West -25.7%.
YOY with seasonal adjustments -20.4%; NE -23.1%; MW -14.4%; S -19.7%; West -25.6%. It ain't over till its over, and this debacle is nowhere near being over.
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